Need a Funder or Vendor? START HERE

Results 1 to 9 of 9
  1. #1

    Need a lender AUTO SALES large numbers

    In search of a lender who funds Auto Sales, great numbers, 2nd position

  2. #2
    Senior Member Reputation points: 9802
    Join Date
    Nov 2019
    Posts
    638

    I do auto sales. We need tax returns on submission due to high cot of goods and floor plan financing. We cap at 6 months.

  3. #3

    Auto Sales.

    Hello,
    We fund auto sales. Minimum monthly revenue for restricted industries such as trucking & auto car sales is 100k+ I would be glad to hop on a call to get acquainted & discuss our programs. My contact info is below.

    Thank you

    High Risk Program Specialty:

    - Large Deals
    - High Risk
    - B to D Paper
    - 1st to 12th position

    - Default Deals are entertained on a deal-by-deal basis
    (Satisfied judgments, payment plan, time of default, Reason Of Default & more)

    - Other Company Declines (Deals that are hard to get offers on)

    - Exceptionally Competitive With Dollar Amount

    Our Product
    10k to 3MM
    (For increase of funds, a deal-by-deal basis)
    -Terms up to 75 days

    (Flexible with large funding amounts)
    -Instant DocuSign contracts
    -All submissions are priced at 1.49 with brokers discretion to down sell

    Minimum monthly revenue - $50,000
    -Minimum monthly deposit count - 5
    -Average daily balances - $1,500.00
    -Time in business - 6 Months (12 months preferred)
    -All credit scores accepted
    -No credit checks (We focus on healthy ledgers and payments history)
    -Restricted Industries (Minimum monthly revenue - $100,000)
    -Canada - Yes. (Must be a US bank account (Min Rev 150k)
    -Tax Liens - Must be on payment plan
    -Ownership 100% (All parties must sign)
    -We can only fund traditional bank accounts.
    (Not accepted banks E.g. PayPal, BlueVine, Square, Kabbage, etc.)

    Gill Navarro
    Director of ISO Relations
    Direct: 1(862)-303-3225
    Email: Gill@keycapitalfunding.com
    Website: https://keycapitalfunding.com/iso/


    updated Banner.gif
    Last edited by keycap123; 09-21-2022 at 12:10 PM.

  4. #4
    Senior Member Reputation points: 66298 Olderguy's Avatar
    Join Date
    Sep 2021
    Location
    Irvine, CA
    Posts
    2,083

    24 Capital does auto sales.
    p: 203-705-8764
    w: https://24capital.com
    e: deals@24capital.com
    Last edited by Olderguy; 09-21-2022 at 12:22 PM.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  5. #5
    Send it over, sounds like something we can do! Thanks Steve for the recommendation
    203-705-8764

  6. #6
    We do auto sales, it's even better when they have MCA experience. Please feel free to reach out if i can be of any help.
    Last edited by Anthony@fundry; 09-23-2022 at 10:51 AM.
    Anthony
    Senior Funding Coordinator
    Anthony@fundersconnect.com
    Direct: 201-523-2596
    Fundersconnect Is An Approved Vendor of Delta Bridge Funding Products

  7. #7
    Banned Reputation points: 10
    Join Date
    Apr 2022
    Location
    New York
    Posts
    78

    Send it

  8. #8
    Member Reputation points: 10
    Join Date
    Jun 2022
    Location
    Brooklyn
    Posts
    6

    If there are at least 2 months of payment history we can probably give you an offer on that!
    Pinny Andrusier

    Web: Dlpfunding.com

    Email: pinny@dlpfunding.com

    Cell: (614) 321-7678

    Office: (877) 378-0484

  9. #9
    Quote Originally Posted by Enrich Funding View Post
    In search of a lender who funds Auto Sales, great numbers, 2nd position
    If the file is still alive, we do auto sales.

    Our funding Criteria:

    - 5k minimum funding
    - B, C, D paper
    - Offers not based on credit score - low credit ok
    - Response time (realistically) as low as 60 minutes
    - 1st - 5th position - Up to 38% withhold of net deposits
    - As low as 1.32 buy rates
    - Terms up to 140 days (weekly's upon approval)
    - Max Upsell to 15 points
    - Early Payoff Discounts
    - 15k a month average revenue
    - Minimum of 5 deposits per month
    - Minimal stips (VC & ID)
    - Docusign Contracts

    -Term Loans and LOC available for A & B paper



    Michael Ross
    Lendbug
    New York, NY
    Mross@lendbug.com
    646-360-0411

Similar Threads

  1. auto repair/ tire sales and used car sales 4 MCA's
    By chris32111 in forum Business Loans
    Replies: 13
    Last Post: 09-14-2023, 06:53 PM
  2. 800 Numbers vs Local Numbers
    By TheMattTasticVoyage in forum Merchant Cash Advance
    Replies: 2
    Last Post: 05-12-2022, 03:58 PM
  3. Auto Sales Lender
    By ThorCapitalGroup in forum Merchant Cash Advance
    Replies: 3
    Last Post: 02-16-2021, 02:38 PM
  4. Need Lender for Auto Sales/Repair
    By Sebas54 in forum Merchant Cash Advance
    Replies: 15
    Last Post: 09-12-2017, 11:18 AM
  5. Replies: 3
    Last Post: 04-20-2015, 11:19 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

BoA launches business loan marketplace
Quickbooks adds new LOC product
Dext Capital upsizes corp note


DIRECTORY